This will cover the “Finance Digitalisation Roadmap” that BASF has embarked on. Covering the timeline of development, some practical steps already taken and what future initiatives are planned. This includes the application of “soft-bots” in finance processes, and how this automation is saving time. The Hackett Group global benchmark rates BASF Finance as “World Class” and the aim of the Roadmap is to ensure that the company continues to improve.
Tom Urwin is the Head of Finance & Administration for BASF in the UK and Ireland.
Tom joined BASF in 1999 as a Business Accountant in the Colours and Specialities division, having qualified as a Chartered Management Accountant in 1997. In 2004 he became Head of Finance in the UK and was appointed as a Director of BASF UK Holdings. From 2006-2008 he was involved in several projects in the UK and Nordic countries, which included moving transactional services to the BASF European Shared Service Centre.
Following several acquisitions and integrations Tom was appointed to the Board of BASF plc in February 2010. He has held his current role since 1st January 2016.
BASF UK & Ireland
BASF has about 1,400 employees and nine manufacturing sites across the United Kingdom.
The company produces polyurethane systems at Alfreton, Industrial Chemicals at Bradford and Grimsby, omega-3 Fatty acids on the Isle of Lewis, Biopesticides at Littlehampton, Flooring Systems at Redditch, Concrete Admixtures at Swinton, and Rodenticides at Widnes. It also recycles Auto-catalysts in Cinderford.